What is a project?
•
“A temporary endeavour undertaken to create a
unique product, service or result” PMI
•
“..a group of related activities carried out to
achieve a specific objective”
BCS
•
“an endeavour to accomplish a specific objective
through a unique set of interrelated tasks and the effective utilisation of
resources” Clements
& Gido
Project attributes:
— Separate
undertaking (non routine)
— Discrete
purpose and objectives
— Involve
preparation and planning
— Limited
time-span
— Contains
a series of interdependent tasks
— Requires
range of resources
— Create
end results or deliverables
— Independent
control?
— Independent
management?
Project
Characteristics:
What is project
management?
“the
application of knowledge, skills and techniques to project activities to meet
the project requirements”
PMI (2008)
Portfolio/Programme/Project Management
10 areas (skills) of
project management:
Project Constraints:
“There is only one consistent feature of modern business
and that is change”
Maylor, 2005
— Deliver
project on time, within budget and to required quality/specification
— Satisfies
customer requirements
— Project
contributes to achieving corporate goal; competitive advantage, increase profits,
increase sales, exceptional value……
Attributed to:
Causes for project
failure:
— Poor
(adhoc) project management
— Poor
goal definition/specification
— Roles
and responsibilities not clearly defined
— Unrealistic
timescales /user expectations
— Poor
alignment of goals to projects
— Failure
to assess risks and make contingency plans
— Poor
co-ordination of resources and activities
— Poor
reporting of results
— Inappropriate
staff
— Inadequate
monitoring and control
— Failure
to manage change
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ReplyDeleteProject Management
Project management is the discipline of planning, executing, and overseeing projects to achieve specific goals within defined constraints, such as time, budget, and quality. It involves applying knowledge, skills, tools, and techniques to deliver projects effectively.
DeleteKey Concepts
Project Definition:
A project is a temporary endeavor with a specific start and end date, undertaken to create a unique product, service, or result.
Project Life Cycle:
Projects typically go through several phases:
Initiation: Defining the project, its objectives, and feasibility.
Planning: Developing detailed plans outlining tasks, timelines, resources, and budgets.
Execution: Implementing the project plan, coordinating people and resources.
Monitoring and Controlling: Tracking progress, managing changes, and ensuring the project stays on course.
Closure: Completing all project activities, delivering the final product, and reflecting on lessons learned.
Key Knowledge Areas:
Scope Management: Defining and controlling what is included in the project.
Time Management: Planning and controlling the schedule to ensure timely completion.
Cost Management: Estimating, budgeting, and controlling costs.
Quality Management: Ensuring that the project's deliverables meet the required standards.
Risk Management: Identifying, assessing, and mitigating risks that could impact the project.
Communication Management: Ensuring timely and effective communication among stakeholders.
Stakeholder Management: Engaging and managing expectations of all project stakeholders.
Benefits of Project Management
Increased Efficiency: Provides structured approaches that improve resource utilization and reduce waste.
Better Quality: Emphasizes quality control, leading to higher-quality outputs.
Enhanced Risk Management: Proactive identification and management of risks minimize disruptions.
Improved Communication: Facilitates clear communication among team members and stakeholders.
Goal Achievement: Increases the likelihood of completing projects successfully and meeting organizational objectives.
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